Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    Fv78+5Rx Evant Texas Evant, TX 76525

    • Land
    • 5.00 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Fv78+5Rx Evant Texas

    Lot size
    5.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    Escape to The Ranches of Buena Vista, offering 80 exceptional ranch lots ranging from 5 to 20 acres in Evant, Texas. These residential-zoned properties boast stunning views, including sweeping vistas, rolling hills, and tranquil springs. Thoughtful restrictive covenants ensure a beautiful and harmonious community. Enjoy easy access to major Texas cities, with proximity to Austin, DFW, Waco, and San Antonio. High-speed internet access keeps you connected while enjoying the peace of small-town living. The development features paved roads, a private entrance, three nature preserves with natural springs, and exclusive discounts at Buena Vista Wildlife Safari. Evant offers a strong sense of community, with local markets, car shows, and a supportive school system. Direct financing options are available to simplify the purchase process. Build your dream home, weekend retreat, barndominium, or farmdominium in this exceptional setting. Don't miss this opportunity to create a generational legacy in a thriving, secure community. With limited availability, act now to secure your piece of Texas paradise.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evant
    County
    Coryell
    State
    Texas
    Longitude
    -98.1327
    Latitude
    31.4631

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      10 County Road 421

      Land • 10.00 Acres
      10 County Road 421, Evant, TX 76525
      View Details
    • Value Estimation by Request
      0.26 Acres

      Live Oak St

      VACANT COMMERCIAL LAND • 0.26 Acres
      Live Oak St, Evant, TX 76525
      View Details
    • Value Estimation by Request
      0.19 Acres

      147 Brks Dr

      VACANT COMMERCIAL LAND • 1,740 SF
      147 Brks Dr, Evant, TX 76525-9668
      View Details
    • Value Estimation by Request
      0.03 Acres

      Ee Brks Dr

      VACANT COMMERCIAL LAND • 0.03 Acres
      Ee Brks Dr, Evant, TX 76525
      View Details
    • Value Estimation by Request
      0.21 Acres

      317 Us Hwy 281

      VACANT COMMERCIAL LAND • 0.21 Acres
      317 Us Hwy 281, Evant, TX 76525-9628
      View Details
    • Value Estimation by Request
      0.50 Acres

      283 Hwy 281

      VACANT COMMERCIAL LAND • 0.50 Acres
      283 Hwy 281, Evant, TX 76525
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.00 Acres

      Texas Ranch Land for Sale

      5-20 acre lots, residential zoning.
      0 Fv78+5Rx Evant Texas, Evant, TX 76525
      View Details
    • $510,000
      2,280 SF

      Evant Farm/Ranch with Two Homes

      27.358-acre property featuring two homes, workshop, and scenic views.
      1338 County Road 2998, Evant, TX 76525
      View Details
    • $135,000
      12.25 Acres

      Texas Hill Country Acreage

      12.25 acres in Rio Escondido, less than 10 minutes from Evant.
      2 Cr 241, Evant, TX 76525
      View Details
    • $398,000
      16.05 Acres

      Evant Ranch with Two Homes

      16-acre property featuring two homes, barns, and fenced land.
      996 County Road 421, Evant, TX 76525
      View Details
    • $10,969,000
      1,567.00 Acres

      Expansive Ranch Near Evant, Texas

      1567-acre ranch featuring farmland, grazing pastures, and recreational opportunities.
      3485 County Road 530, Evant, TX 76525
      View Details
    • $1,086,000

      Evant, TX Agricultural Property

      Agricultural property for sale in Evant, Texas.
      4120 County Road 158, Evant, TX 76525
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Fv78+5Rx Evant Texas
    Evant, TX 76525
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.